Squarespace has acquired Unfold, the app for creating engaging stories for Facebook, Instagram, and Snapchat. Terms of the transaction were not disclosed. “Unfold and Squarespace share the same DNA and vision for empowering creators. Together, we’ll continue to rethink how people share stories to connect and inspire. We couldn’t be more excited for this new chapter in our story,” remarked Alfonso Cobo and Andy McCune, cofounders of Unfold.
Unfold and Squarespace share the same DNA and vision for empowering creators. Together, we’ll continue to rethink how people share stories to connect and inspire. We couldn’t be more excited for this new chapter in our story – Alfonso Cobo and Andy McCune
Founded by Cobo and McCune in 2018, Unfold did over $1M in revenue and the grew to over 12M users in 8 months. It’s reported that the company received an offer to be acquired for $10M last year.
“Unfold was founded in 2018 with a mission to provide social media templates for digital storytellers, featuring best-in-class design inspired by magazine editorials. They have achieved astounding adoption since launching, with users creating more than 700 million stories using the app, and reaching the #1 rank in the App Store’s photo/video category in nearly a dozen countries,” remarked Anthony Casalena, Squarespace CEO and Founder
Unfold was founded in 2018 with a mission to provide social media templates for digital storytellers, featuring best-in-class design inspired by magazine editorials. They have achieved astounding adoption since launching, with users creating more than 700 million stories using the app, and reaching the #1 rank in the App Store’s photo/video category in nearly a dozen countries – Anthony Casalena